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Good Morning, Tutors. Could you please help me to explain this modern history of globalization, and give some examples? It'll be more helpful if you'll
Good Morning, Tutors. Could you please help me to explain this modern history of globalization, and give some examples? It'll be more helpful if you'll use simple words, thank you.
A BRIEF MODERN HISTORY OF GLOBALIZATION
- International business has existed in some sense since prehistory, when flint banks, ceramics, and other goods were traded cross great distances. Even during the Roman Empire, traders carried goods to consumers around the world. However, multinational enterprises-as we know them today-were great rarities until the 19th century. By then, U.S. companies like General Electric, International Telephone and Telegraph, and Singer Sewing Machine Company had started to invest in overseas manufacturing facilities, as had West European companies like Ciba, Imperial Chemicals, Nestle, Siemens, and Unilever.
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